Schneider National, Inc. (NYSE:SNDR) Given Consensus Recommendation of “Hold” by Analysts

Schneider National, Inc. (NYSE:SNDR) has been assigned a consensus recommendation of “Hold” from the fourteen research firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $28.77.

SNDR has been the subject of several recent research reports. The Goldman Sachs Group decreased their price objective on Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. TD Cowen boosted their price target on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday. Robert W. Baird raised their price objective on shares of Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. Citigroup downgraded shares of Schneider National from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th.

Schneider National Stock Up 3.9 %

Shares of NYSE SNDR opened at $33.28 on Wednesday. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The firm has a market cap of $5.83 billion, a PE ratio of 53.68, a P/E/G ratio of 3.83 and a beta of 0.85. The company’s fifty day simple moving average is $28.87 and its 200 day simple moving average is $26.13. Schneider National has a 12-month low of $20.50 and a 12-month high of $33.47.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. As a group, sell-side analysts forecast that Schneider National will post 0.7 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio is presently 61.29%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SNDR. Geode Capital Management LLC raised its position in Schneider National by 18.4% in the third quarter. Geode Capital Management LLC now owns 746,272 shares of the company’s stock worth $21,305,000 after acquiring an additional 115,814 shares during the period. MML Investors Services LLC raised its holdings in shares of Schneider National by 12.9% in the 3rd quarter. MML Investors Services LLC now owns 26,987 shares of the company’s stock worth $770,000 after purchasing an additional 3,093 shares during the period. Orion Portfolio Solutions LLC lifted its stake in Schneider National by 52.1% in the third quarter. Orion Portfolio Solutions LLC now owns 55,207 shares of the company’s stock valued at $1,576,000 after purchasing an additional 18,908 shares during the last quarter. State Street Corp grew its holdings in Schneider National by 75.4% during the third quarter. State Street Corp now owns 1,730,769 shares of the company’s stock valued at $49,545,000 after purchasing an additional 743,800 shares during the period. Finally, Stifel Financial Corp increased its position in Schneider National by 7.0% in the third quarter. Stifel Financial Corp now owns 98,155 shares of the company’s stock worth $2,801,000 after buying an additional 6,415 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

About Schneider National

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.